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Marigold Sports began operations on January 2, 2020. The following stock record card for footballs was taken from the records at the end of the

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Marigold Sports began operations on January 2, 2020. The following stock record card for footballs was taken from the records at the end of the year. Units Received Unit Invoice Cost $23 Date Voucher Terms 1/15 10624 Net 30 3/15 11437 1/5, net 30 6/20 21332 1/10, net 30 9/12 27644 1/10, net 30 11/24 31269 1/10, net 30 Totals Gross Invoice Amount $1,242 1,311 1,598 1,232 1,040 $6,423 A physical inventory on December 31, 2020, reveals that 111 footballs were in stock. The bookkeeper informs you that all the discounts were taken. Assume that Marigold Football Shop uses the invoice price less discount for recording purchases. Compute the December 31, 2020, inventory using the FIFO method. (Round per unit and final answer to 2 decimal paces, e.g. 35.57.) Ending Inventory using the FIFO method $ Compute the 2020 cost of goods sold using the LIFO method. (Round per unit and final answer to 2 decimal paces, e.g. 35.57.) Cost of Goods Sold using the LIFO method $

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